The rate cut is a very short term fix. Last I checked the Dow was up, but it sure won't last very long. Couple weeks, maybe a month? Don't really know, if I did I would be buying a home in the Hamptons next to Tiger.

I'm thinking of making all the home improvements I want to make with the money I have in the market. My house value might not go up as much as I would like but it will be much better to drive up to a nice looking house instead of wondering when the market will crash.

Currently I'm just doing one home improvement project at a time, bought a fix-er up-er you see

Nope I'm staying in, but I was a little sweaty on Saturday, when Bear Stearns was falling apart. I have 40% of my life savings invested through bear stearns. I still don't know if I had anything to worry about since the funds weren't bear funds, but chapter 11 nightmares caused by my former employer are still fresh in my mind.